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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
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Message: What's up with the big bidding--

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Re: What's up with the big bidding--

posted on Jul 02, 09 07:54PM

yes, once it is clear we have financing confirmed for a comprehensive drill program, which will define finally, what we have (to a good degree economically) the methodology of which is detailed in our 43-101 study; our share price then, will commence steady growth upward... and then if the market comes back meanwhile... well that's another story ! ...if the market trends positive as we go into sept and oct with the financing in place and our drilling well on the way... shareprice should be at twenty-five cents (fair value) ...if we verify what we beleive to be there through the winter of 09/10 , then out shareprice shoud be around 1.00, again fare value. ...and this fair value will only show in the share price, if the rest of the commodities market is positve.

at the end the day, if overall commodities market is not back, then our share price will remain grosly undervalued, as it is now.

however, no matter what happens, should we get our financing, and verify through this drill program what we beleive is there, SPQ WILL HIT A BUCK ....eventually, even if we have to wait for the big market to finally start pumping, and that will happen even more assuradly, but maybe not at the same time.

again... we just have to be patient..... like the most successful investor of all time: warren buffit.

cheers ...danny

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